HomeTermsCompareFinance Book DepreciationThe definition for Book Depreciation:Depreciation reserved (on the books) by an owner for future replacement or retirement of an asset. Similar MatchesAccrued DepreciationAccrued Depreciation(1) The amount reserved each year in the accounting system for replacement of a building or other asset. (2) The useful life of a property at any given time. Declining Balance Method Of DepreciationDeclining Balance Method Of DepreciationDepreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount. DepreciationDepreciation(1) Decrease in value to real property improve-ments caused by deterioration or obsolescence. (2) A loss in value as an accounting procedure to use as a deduction for income tax purposes. Further SuggestionsDouble Declining Balance Method Of DepreciationRecapture Of Depreciation Click to compare definitions of Book Depreciation Click to view definitions beginning bo |